Human Behavior November 19, 2022

Incentives Go Wrong

Incentives Go Wrong

When companies give bonus based on meeting a target, employees try to lower the target requirements rather than focus on growing the company.

When parents give candy to their children based on how much they write, children figure out how to write fast without grasping the essence of the writing.

People look for ways that work for their best interest whenever they are incentivized.

You may also like...

An Irretrievable Loss

Seeing our close ones leaving us for others is heart breaking. Our spouse left us for...

Living Forever

We take a lot risks: climb mount Everest, walk on tightropes, or sky dive. We do...

Know When to Quit

You are halfway through your project completion, but you now know that it will no longer...

Probability Neglect

We are apprehensive about an airplane crash more than food poisoning, even though the probability of...